New companies are likely to invest in India to manufacture memory chips while existing investors will scale up production to address the demand-supply gap in the segment, Union minister Ashwini Vaishnaw said in an interview to PTI. Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing up investments and production capacities to meet market requirements worldwide. The higher memory chip prices have, in turn, led to a rise in production costs for a range of electronic products, including smartphones and laptops. "Definitely, a lot more investment is coming in the memory manufacturing units, and that is because for the first time in the way the semiconductor industry has grown at such a rapid pace, for the first time we are seeing a huge shortage of certain components which are required in the AI data centres, the high bandwidth memory chips," Vaishnaw said. Data
The companies included Micron( which was the first to invest in FY 25 and FY 26 ) and has already started commercial production
Every major industrial power has relied on long-duration strategic capital. If India insists on pure market competition, the playing field will remain inherently asymmetric
NITI Aayog projects that India's semiconductor demand will hit $206 billion by 2035 - a five-fold jump from the estimated $44 billion in FY26
South Korea's AI-driven stock market boom highlights how semiconductor strength is shaping global capital flows, raising questions about whether India's chip ecosystem can support its AI ambitions
Tessolve CEO Srini Chinamilli says investor confidence in India's semiconductor ecosystem is improving, with venture capital, acquisitions and strategic funding beginning to support chip startups
From chiplets to vertical stacking, new design approaches are emerging as traditional transistor scaling runs into physical and economic limits
Niti Aayog says India must build a $120-150 billion semiconductor value chain by 2035 through strategic investments, advanced packaging, and ecosystem development
C2i Semiconductors has taped out an AI power chip designed locally, underscoring India's early but expanding role in semiconductor design and product development
The government may extend the second phase of the India Semiconductor Mission to 12 years to strengthen domestic chip manufacturing and supply chains
India plans to sharply raise semiconductor incentives as it seeks to strengthen chip manufacturing, supply chains and design capabilities
The two new projects will be implemented by Crystal Matrix Limited and Suchi Semicon Limited, with project costs of ₹3,068 crore and ₹868 crore, respectively
iPhone and iPad maker has had early-stage talks with Intel about enlisting the company's chipmaking services, and Apple executives have also made visits to a Samsung plant under development in Texas
A global memory chip crunch is forcing Indian electronics makers to cut output and raise prices, with premium devices taking priority over budget products
The idea, a senior government official said, is to ensure that only those projects that find some market appreciation get the right funding and guidance from the government
While memory chip shortage has hit sales in markets across the globe, the Indian market has been resilient so far, said Asus global Co-Chief Executive Officer Samson Hu
The Rs 1,943 crore project in Bhubaneswar will boost India's semiconductor packaging capacity, create jobs and position Odisha as a hub for advanced electronics manufacturing
Semiconductor firm Tessolve on Monday announced the appointment of Ravi Kumar Chirugudu as President and Chief Operating Officer (COO), effective immediately. With over 35 years of experience, Chirugudu has held senior leadership roles at HCL Technologies, Altran and Wipro. In his new role, Ravi will lead Tessolve's growth strategy by broadening its global engineering capabilities, strengthening customer relationships and speeding up innovation across semiconductor and high-performance computing, Tessolve said in a statement. "As global semiconductor demand continues to accelerate across industries, it is creating significant opportunities across the semiconductor lifecycle-from Design, Packaging, Validation and Systems integration. "Ravi's deep knowledge and leadership in this ecosystem brings the right mix of industry expertise, customer connect and execution capability, which will play a key role in strengthening our position as a trusted global engineering partner and reinforci
Prime Minister Narendra Modi inaugurated Kaynes Semicon's outsourced semiconductor assembly and test facility at Sanand on Tuesday and said India is strengthening its role as a reliable semiconductor supplier in the global market. He said the inauguration of the facility strengthens India's push towards self-reliance, which marks a landmark step in building a robust semiconductor ecosystem. Modi said India's decision to join the Pax Silica initiative aims to strengthen the supply of critical minerals. Calling the development a moment of pride as an Indian company has joined the global semiconductor supply chain, Modi said this is not just the time of economic competition but a time to shape the future tech landscape. "With the commencement of production in this project, India is further strengthening its role as a reliable semiconductor supplier in the global market. In a sense, a new bridge has emerged today between Sanand and Silicon Valley; the plant in Sanand is now supplying .
Minister Ashwini Vaishnaw says approvals and disbursals under ECMS may be revoked if firms fail to develop in-house design capabilities and meet quality standards